CMI announces 1st half results
28 February 2005
Brisbane based CMI Limited today announced increased revenue and profit after tax for the six months to 31st December 2004.
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CMI posts 46% rise in profit
26 August 2004
CMI Limited today announced a 46% jump in net profit after tax to $10.585 million for the 12 months to 30 June 2004 (2003: $7.229 million).
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Pedal down for CMI with 1st half profit up 99%
26 February 2004
Brisbane-based automotive parts maker CMI Limited today announced a positive start to the 2003/2004 financial year, with profit after tax for the six months to 31 December 2003 up 99% to $5.1 million over the corresponding half last year.
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CMI accelerates growth through finance acquisition
14 November 2003
Brisbane-based components manufacturer CMI Limited today unveiled plans to diversify and accelerate growth outside the automotive sector, with the formation of a new services division through the acquisition of 100% of the shares in a leading national chattel finance broking network, Capitalcorp Finance and Leasing Pty Ltd.
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CMI revs up profit outlook for 2004
28 October 2003
Automotive components supplier, CMI Limited is expecting continued strong demand from Australia’s car manufacturing sector to drive its profit higher in 2004 FY.
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Warren Hill appointed director
22 September 2003
CMI's Chief Operating Officer appointed to the Board.
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CMI in overdrive profit result
2 September 2003
Record Australian car sales, recent acquisitions and an improved performance from its 4WD accessories business, TJM, have helped drive automotive components maker CMI Limited's profit after tax for the year to 30 June 2003 up 39.9% to $7,229,081. The result represents basic earnings per share of 18.29 cents*, up 50.9% on the prior year.
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Shareholders approve resolutions to enable CMI Entitlement Issue
11 April 2003
Shareholders of automotive components maker CMI Limited, at today’s General Meeting approved all resolutions as tabled, enabling the company to proceed with plans to raise approximately $11 million through an entitlement issue of 7,587,250 new convertible preference shares.
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CMI to raise $11M through convertible preference share issue
10 March 2003
Queensland based automotive parts maker CMI Limited today announced details of a non-renounceable entitlement issue of new convertible preference shares to shareholders to raise approximately $11,000,000.
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CMI revs up 1st half profit
28 February 2003
Queensland automotive parts maker CMI Limited today announced it was on track for strong full year earnings growth, following a 21% lift in first half profit after tax to $2,534,060 (2001 Dec Half: $2,100,308).
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